People concerned about debt management issues arising from redundancy may be interested in new statistics from the Department for Work and Pensions (DWP). The figures show a decrease in the number of people claiming Lone Parent benefits and incapacity benefits,…
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People over the age of 75 are the most at risk of financial problems caused by the increasing rate of inflation, a new study has indicated. Alliance Trust’s research into the effects of inflation on different age groups in the…
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A total of 87 per cent endowment policy holders believe they were mis-sold their policies in the 1980s and 90s, according to a study by Fair Investment. While many people were attracted to the type of policy because they were…
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Britons hoping to clear debt accrued on credit cards may find a balance transfer to be beneficial, according to Moneyfacts. The financial services market analyst notes that switching to a different product could help to reduce monthly repayments. Press officer…
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New research has shown British people are dealing with the economic squeeze by taking money out of Isas. Abbey has said over a quarter (26 per cent) of the average Isa balance for the 2006-07 tax year has been withdrawn…
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Rising household costs and mortgage repayments are pushing people to cut back on pensions contributions, leading to fears of debt management issues in old age. According to Prudential, people can no longer rely on property to pay for their retirement…
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Mid-priced supermarket ranges have experienced a drop in sales as shoppers are choosing either the cheapest or higher-end options, the Grocer magazine has said. Value ranges are increasingly popular among those wishing to stay debt free during the current growth…
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Following figures revealing an increase in ID fraud, consumers have been advised to avoid becoming a victim by protecting themselves. Equifax’s external affairs director Neil Monroe has said people should be “very circumspect” about personal information and to ensure the…
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